Hong Kong Adds Billions In Stimulus, But Warns Economy May Flatline Amid Unrest

Earlier this week, Singapore slashed its 2019 growth outlook to a range of zero to 1% amid collapsing exports and a worsening outlook in key end markets tied to the intractable US-China trade dispute. While not exactly surprising, the announcement (which came alongside the final read on second quarter growth), was a poignant reminder that the trade frictions are starting to bite - hard. Singapore, like South Korea, is a bellwether of sorts. In the course of documenting that, we mentioned Hong